ExampleGroupGroup2

Back to Example Group Problem

Method

Comparing the equations of each option.
Option 1 y=10,000,000
Option 2 y=2^x

Graph(s)

Solution

Well...it depends on which month the funds are to be dispersed (see explanation)

Explanation

28-day month $2,684,354 (Option 1 is better)
29-day month $5,368,708 (Option 1 is better)
30-day month $10,737,416 (Option 2 is better)
31-day month $21,474,832 (Option 2 is better)